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Bitcoin Drops to $61K, ETH Declines, Cardano Defies Trends

Bitcoin Drops to $61K, ETH Declines, Cardano Defies Trends

Today’s top cryptocurrency prices continued to fall, as Bitcoin (BTC) fell below $62,000. During the bearish decline, Ethereum (ETH) continued to trade below the $3,000 threshold. XRP and Cardano (ADA) defied the trend, although other popular cryptocurrencies like Solana (SOL) also saw a decline.  

Important Cryptocurrency Prices Right Now 

1. Bitcoin Price

Source: CoinMarketCap

By the time this article was written on Thursday, May 9, the price of Bitcoin had dropped by 1.75% to $61,495.88. However, its trading volume decreased by 1.38% to $25.10 billion the previous day. Meanwhile, crypto’s market capitalization dipped to $1.21 trillion.

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2.  Ethereum Price

https://coingape.com/wp-content/uploads/2024/05/ETH_1D_graph_coinmarketcap-2.jpeg

At the time of writing, Ethereum’s price has declined by 0.50% to $2,993.52, giving it a market worth of $359.52 billion. Conversely, the trading volume of ETH dropped by 1.73% to $11.25 billion. 

3.  Solana price

The Solana price continues to go below the $150 mark today. Solana’s price dropped by 1.91% to $143.80. On the other hand, SOL saw a 6.48% decline in trade volume to $2.35 billion over the previous day. 

4. XRP price

In contrast, the price of XRP had a minor uptick and held onto the $0.52 barrier. The XRP price recorded a gain of 0.24%, reaching $0.5208. Conversely, XRP’s trading volume declined 11.95% to $1.02 billion. 

5. Cardano price

Meanwhile, the Cardano crypto price soared 4.31% to $0.4602 today. On the other hand, ADA’s 24-hour trading volume spiked by 74.04%, ultimately settling at $519.72 million. 

6. Shiba Inu & Dogecoin Prices 

Dogecoin’s price declined 2.02% to $0.1471, while Shiba Inu’s price declined 0.32% to $0.00002287. 

Today’s Top Crypto Gainers 

Lido DAO (LDO): The LDO crypto price rose 2.30% to $1.96. 

Tron (TRX): At $0.1212, the Tron cryptocurrency had a 2.14% increase in value. 

Chiliz (CHZ): At $0.1253, the Chiliz cryptocurrency saw a 1.98% increase in value. 

The price of THORChain (RUNE) cryptocurrency increased by 1.75% to $5.45

Today’s Top Crypto Losers 

Dogwifhat (WIF): The Dogwifhat price dropped to $2.91, a loss of 10.83%. 

Helium (HNT): The HNT price was down 9.70% to $4.84. 

Aakash Network (AKT): The AKT price plummeted 7.99% to $4.43. 

JasmyCoin (JASMY): At $0.01792, the price of JasmyCoin fell 6.36%. 

Today’s top cryptocurrency losses also included Avalanche (AVAX), Jupiter (JUP), and Arweave (AR).

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